• Issue 1086

September strength

 

Hotels in London enjoyed a buoyant September, with occupancy up 2.9% to 89.1%. Outside the capital, provincial hotels saw a greater improvement, up 4.7% to 83.7%, reports BDO.

 

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Tune heads into Europe

 

Tune Hotels plans to open up to 25 new hotels with a GBP200m investment in the UK market. the company has just opened its sixth hotel in the UK, a 104 room property located in Newcastle. 

 

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Tivoli on the block

 

Portugal’s Tivoli hotel chain is up for sale, after a Luxembourg court rejected a request for creditor protection. The EUR350m sale comes as the market in Portugal is recovering, reports Bloomberg.

 

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Meeting service launched

 

A new reservation system is looking to double the utilisation of hotel meeting rooms. Okanda, headed by former Steigenberger executive Dirk Fuhrer, plans to lift usage to 60% through a simple real-time booking platform. 

 

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Simpler rules demanded

 

Serviced apartments group ASAP has called on the UK government to back reforms simplifying the rules on short letting in London. Currently, a residential property can only legally be let for less than 90 days, if it wins planning approval for the change. 

 

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